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General Real Estate Investing

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Jerry Daniels
  • Sublimity, OR
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Buying Property in my hometown

Jerry Daniels
  • Sublimity, OR
Posted Jul 24 2015, 09:39

Okay BP here is my first question:

I am in the US Army and live in Oregon, I am from a small town in Georgia where my Mother and other family members are living. I am really wanting to buy the house that my Mother has been renting for over 20 years, my grandparents home (which is only around $8,000) and one other property in the community. I would like to use this property as rental property and hopefully make an income off of it. Now, 1. I would like to see if there is a way to achieve this, without using my credit or income (if its possible I need to know how). 2. I am not going to living in the town but I will have someone there who is capable of managing the properties.  My Mothers home and the second property could be purchased for around $40,000 a piece. How do I get this done?

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